Midday update for the GBPUSD 12-02-2021

2021-02-12 10:50:44 GMT (Economies.com)
 

The GBPUSD pair continues to crawl downwards to approach the bullish channel’s support line, and as long as the price is above 1.3745, our bullish overview will remain valid, as breaking this level will press on the price to turn to decline on the intraday basis and head towards areas that might reach 1.3540, while the next main target of the expected bullish wave is located at 1.3965.

 

The expected trading range for today is between 1.3720 support and 1.3900 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2062
0.0009
0.0705%
1.3895
0.0001
0.0061%
Tadawul
10228.35
-26.53
0.26%
27.308
0.788
2.973%
64.809
0.899
1.407%
68.11
-0.85
1.23%
1813.870
24.285
1.357%
 
 
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